Chargebacks are always an issue for merchants. While there are numerous programs and indicators to identify fraudulent ones, detecting and managing first-party fraud—that committed by legitimate ...

Visa and Mastercard announced a revised settlement with merchants who accused the card networks of charging too much to accept their credit cards, after a judge rejected an earlier $30-billion US ...

Loosened card network rules could pave the way for a new age of discounts and rewards— one where merchants, not banks, hand out more of the incentives. Last week, when Visa V and Mastercard MA ...

FILE - This April 22, 2005, file photo, shows logos for MasterCard and Visa credit cards at the entrance of a New York coffee shop. Visa and MasterCard announced, Tuesday, March 26, 2024, a settlement ...

Visa Inc. and Mastercard Inc. agreed to cap credit-card swipe fees - a deal that US merchants say will save them at least $30 billion over five years - in one of the most significant antitrust ...

Visa (V) and Mastercard (MA), the two biggest U.S. card payment networks, reached a proposed settlement that resolves a lawsuit against the two companies and other defendants filed by merchants in ...

A decadeslong lawsuit between Visa Inc., Mastercard Inc. and a large cohort of merchants could finally be nearing its conclusion — with potential implications for shoppers if stores choose to limit ...

Visa and Mastercard are nearing a settlement with merchants that aims to end a 20-year-old legal dispute by lowering fees stores pay and giving them more power to reject certain credit cards, ...

Under the new proposal, Visa and Mastercard would lower swipe fees by an average of around 0.1 percentage point for several ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Visa and Mastercard have agreed to lower the fees they charge retailers in the US, in the card groups’ latest ...

NEW YORKNEW YORK — Visa and Mastercard announced a major settlement with U.S. merchants on Tuesday, potentially ending nearly two decades of litigation over the fees charged every time a credit or ...